Exercise $19-12($Algo$)$ EPS; shares issued; stock dividend $[$L$019-5,19-6]$

For the year ended December $31,2021,$ Norstar Industries reported net income of $$935,000.$ At January $1,2021,$ the company had

$840,000$ common shares outstanding. The following changes in the number of shares occurred during $2021$:

Apr. $30$ Sold $55,000$ shares in a public offering.

May $24$ Declared and distributed a $5\%$ stock dividend.

June $1$ Issued $54,000$ shares as part of the consideration for the purchase of assets from a subsidiary.

Required:

Compute Norstar's earnings per share for the year ended December $31,2021.($Enter your answers in thousands. Round "EPS"

answer to $2$ decimal places. Do not round intermediate calculations.$)$